Annual Report 2023

Note 9. Property, plant and equipment Office equipment $ Computer equipment $ Exploration equipment $ Right of use assets $ Mine infrastructure $ Total $ Year Ended 30 June 2023 Carrying amount at beginning of financial year 21,546 188,128 406,464 62,253 – 678,391 Additions 4,356 40,488 168,558 – 386,291 599,693 Disposals – – – – – – Depreciation expensed – (14,371) (26,119) (35,574) – (76,064) Depreciation capitalised as exploration (3,335) (46,280) (80,852) – – (130,467) Effect of movement in foreign exchange 810 5,657 12,896 – – 19,363 Carrying amount at end of financial year 23,377 173,622 480,947 26,679 386,291 1,090,916 As at 30 June 2023 At Cost 54,280 330,711 717,134 173,735 386,291 1,662,151 Accumulated Depreciation (30,903) (157,089) (236,187) (147,056) – (571,235) 23,377 173,622 480,947 26,679 386,291 1,090,916 Year Ended 30 June 2022 Carrying amount at beginning of financial year 849 1,803 89,373 97,827 – 189,852 Additions 23,817 224,873 402,842 – – 651,532 Disposals – – – – – – Depreciation expensed (154) (6,972) (26,120) (35,574) – (68,820) Depreciation capitalised as exploration (3,037) (31,607) (59,631) – – (94,275) Effect of movement in foreign exchange 71 31 – – – 102 Carrying amount at end of financial year 21,546 188,128 406,464 62,253 – 678,391 As at 30 June 2022 At Cost 48,983 283,317 533,438 173,735 – 1,039,473 Accumulated Depreciation (27,437) (95,189) (126,974) (111,482) – (361,082) 21,546 188,128 406,464 62,253 – 678,391 Right of use assets relates to office lease. 47 Sunstone Metals Limited Annual Report 2023

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